If it is stable at this price, bitcoin will be a useful tool, too much fluctuations is not good for its use as trading etc. Only good for speculation.

And if it's a useful tool, adoption will grow, and the price will go up... Which people are speculating on of course, hence all these spikes up and down.

My point? Don't expect stability. Don't bother complaining about speculation, either - it's inevitable, it really doesn't matter whether it's good or bad for the project as a whole, as long as there's a profit to be made, people will be speculating.

the question is if the price will go up why the player that put a 40k wall and a 10k wall dont buy the bitcoins, if is certain that the price will go up why wait buy the bitcoins now when are cheap

when the 40k wall did show up the price was 4.65 now the price is 0,20 more expensive so he lost 8000 USD(from base price point of view) just because the price will increase even more and hell he buy the coins even later when are more expensive, totally make sense

Well I guess it's time to break out the MtGox conspiracy theories again.

the question is if the price will go up why the player that put a 40k wall and a 10k wall dont buy the bitcoins, if is certain that the price will go up why wait buy the bitcoins now when are cheap

when the 40k wall did show up the price was 4.65 now the price is 0,20 more expensive so he lost 8000 USD(from base price point of view) just because the price will increase even more and hell he buy the coins even later when are more expensive, totally make sense

That's how markets work:

1st : "It's too expensive."2nd : "Oh no, it gets even more expensive."3rd : "What the hell! Let's buy this before it gets to the moon."4th : Price crashes.